Lam Research Corporation (LRCX) Hits Fresh High: Is There Still Room to Run?
LRCXLam Research(LRCX) Zacks Investment Research·2024-01-26 23:16

Have you been paying attention to shares of Lam Research (LRCX) ? Shares have been on the move with the stock up 9.6% over the past month. The stock hit a new 52-week high of $900.09 in the previous session. Lam Research has gained 10.5% since the start of the year compared to the 63.7% move for the Zacks Computer and Technology sector and the 71.5% return for the Zacks Semiconductor Equipment - Wafer Fabrication industry.What's Driving the Outperformance?The stock has an impressive record of positive earni ...